Korean Restaurant Orion Township, MI 48362
- Commercial real estate
- 1,500 SF
Current Use by Public Records
- Commercial real estate
Property Details for 0 Korean Restaurant
- Property size
- 1,500 SF
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a fully operational Korean restaurant in the vibrant Orion Township, Michigan market. Located within a bustling shopping center on a high-traffic road, this 1,500 square foot establishment boasts impressive monthly sales averaging $25,000. The business has been operating successfully for less than a year, offering a strong foundation for continued growth. The current lease is in place, with a monthly rent of $2,900 inclusive of NNN expenses. The lease expiration date is not currently available. While most of the equipment is owned by the landlord and provided "as is," the flexible layout allows for potential conversion to other cuisines, such as sushi or Mediterranean, making this a versatile investment. The owner's reason for selling is relocation. This presents a unique chance to acquire a profitable, established business in a prime location with significant upside potential. The property is situated in Oakland County, Michigan, with a zip code of 48362. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orion Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2667
- Latitude
- 42.778
